Commentary

Mar 08, 2018 | For Members

Afternoon Market Recap

By: Patrick McRae – The USDA report has come and gone and confirmed much of the trade’s expectation and the grain markets closed mostly higher on the day. For South American production, Argentina corn came in at 36 MMT vs 39 in February, Brazil corn came in at 94.5 MMT…

Mar 08, 2018

Free Commentary

By: Dan Hueber – Grain and soy markets appear to be treading water here in front of the March USDA numbers as if the will really have something fresh and enlightening to tell us. Yes, there will be updates on the USDA opinion of the South American crops, but it…

Mar 08, 2018 | For Members

Daily Comments

Mar 08, 2018 | For Members

Overnight Market Update

By: Kelley Fornoff – Corn and soybeans are unchanged to lower overnight while wheat markets are mixed ahead of today’s USDA report. At the break, May corn is unchanged at 387’2, May soybeans are 1’6 lower at 1063’4, and May Chicago wheat is 1’4 higher at 498’6. It is Thursday,…

Mar 07, 2018 | For Members

Afternoon Market Update

By: Patrick McRae – Tomorrow’s report will likely cause for either confirmation of South American weather issues or blow the excessive long specs out of the market. Either way, volatility will be a sure thing. For the day the grain markets corrected lower on what can only be assumed as…